This property might be a fair Mid-Term investment with a projected 0.58% first-year return on $87,468 initial cash invested.
0.58%
Cash On Cash
7.36%
Cap Rate
1.09
DSCR
$3,202
Rent
$42
Cashflow
Cash Flow
$3,202 income − $3,160 expenses = $42 cash flow
Investment Breakdown
|
Purchase Price
$331k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,468
Downpayment
20%
$66,160
Closing costs
1%
$3,308
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,202
Total Expenses
$3,160
Mortgage P&I
58%
$1,860
Property Taxes
3%
$93
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352